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anyway, just to support the economy. because i enjoy it. >>> coming up, president obama heads back to the white house today to work on the ever looming fiscal cliff. can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that ammo thing he has on his anchor desk. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrit
or not all of our taxes go up. president obama and congressional leaders with trying to come up with this last-minute deal to avoid the so-called fiscal cliff, the massive tax increases and spending cuts to take place in four days. the president and vice president will be meeting with house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid, and minority leader mitch mcconnell. and watching all this, jessica yellin live at the white house. jess, what do we think is going to happen here? >> reporter: well, based on the expectations around town, the thought is the president and democrats will lay out an alternative, scaled-down proposal. and there will be discussions about what could be in the details of a proposal they could vote on, in theory, this weekend. the ideal outcome would be all the members agree to the terms of that deal. and then the two senators in the room agree that they can get their parties to bring it to a vote with no one filibustering it. and then on the house side, speaker boehner would agree that he will put it on the house
. >> president obama doesn't see it that way. >> at some point there's got to be i think a recognition on the part of my republican friends, that you know, take the deal. you know, they will be able to claim that they have worked with me over the last two years. to reduce the deficit more than any other deficit reduction package. >> mohammed aladarin is the ceo of pimco and mark zandy is a chief moist at moody's analytics and joining me in studio is christine romans. the gdp for the u.s. grew at 3.1% over the summer. that's more than double the rate of the previous quarter. you can see the chart, it's been choppy, but it looks like we're going in the right direction. america's economy is gaining pace, doing better than expected. and we've been saying the 2013 could be the year of a real economic renaissance in the united states or at least the beginning of one. talk to me about the consequences to our prosperity if washington doesn't reach a deal. >> the consequences are not good. so what the numbers are telling you is that the private sector is healing. and if the private sector were
a great deal of concern and even suspicion that syrian government forces may actually resort to using chemical weapons. president obama has warned there would be consequences if bashar al-assad's military conducts such chemical warfare. does that mean the u.s. may possibly consider eve enacting some military option in syria? >> i think what people are looking at is whether the chemical weapons can be secured or destroyed in place. this is very, very dangerous. one could argue that we should have focused on the chemical weapons a longtime allege. the other risk of course is the chemical weapons get outside of syria, fall into the hands of al-qaida or other terrorist and be used worldwide. it was a very dangerous situation. the pope was absolutely right to call attention to it. >> obviously you've talked to a lot of people 0 behind closed doors in terms of what is happening in syria and the entire middle east. what is going on here? why can't something, some resolution be found in this conflict? >> politics tpha* in tha in that part of the world is a blood sport. it's an all or nothing
of the cards. >> gretchen: it's interesting because you've made huge deals in your life so you would know what it is to sit at the table and get something done. do you blame only president obama or are you also blaming john boehner to a certain extent? >> i guess you have to blame everybody. i didn't like the fact that they went in for a vote the other day and didn't have the vote. that didn't look good for anybody. and it certainly didn't look good for the republicans. the democrats loved it. but that was a momentary -- that was just a time in place. look, the republicans are sitting there with a nuclear weapon, so to speak. they have debt ceiling coming up. they can use that as part of this negotiation. and they should. and they shouldn't settle unless the deal is a great deal for this country. not for the republicans or democrats. unless it's a great deal for the country. we have to straighten this country out. this country is a mess. and we have no leadership and we have to straighten it out now and stop talking. whether they go on vacation or not, not good. sends a bad signal, but we hav
's retiring, doesn't have a lot of the political pressures that others have. she said let's make a deal. her prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's proposing now, and they'll have nothing to do but accept it or else they'll get blamed for everything. >> can you recall a time in your life when you were aware of politics that encompasses, what, a couple of years, at least? a comparable level of incompetence in washington? >> the only thing i can think of is the last four years. i actually spent some of the time over the holidays for my sins reading bob woodward's book. and my overall reaction to all this is groundhog day. it's the same exact issues, some of the same players, same cautions of spending, entitlements, taxation, debt celling, what have you, nothing has changed. so what's so depressing to me is we've had four years or longer to wrestle with these issues. there's virtually been no signs on progress. here we are now with two more self-imposed ceilings. and increasingly,
a similar debate in 2011 when we were dealing with the debt ceiling issue the first time around. and we dealt it with it in the last election. and the differences have always been that president obama has maintained that tax cuts should be allowed to expire for people making more than $250,000. mitt romney called for extending all the tax cuts fully. and making other changes to the tax code. but, you know, i mean, he wouldn't be in office right now anyway. so i think we would still be here talking about what to do come january 1. host: all right. david in maine on our line for independents. go ahead, david. caller: yes. i've been around for a few years and i've seen this coming since 1970. when revenue -- when wages did not go up, revenue doesn't come into the government. and when we constantly spend and promote money, shipment overseas, shipment job overseas, and we blame people like me on social security, you know we're elite on systems. excuse my language. host: david, we're going to leave it there. joseph rosenberg. guest: it is true right now that tax collections are at near histor
be a messy 2013. >> any deal is likely to be limited. explain what that means. >> we've been hearing about the talks with president obama and speaker boehner athat they were looking at the grand bargain that would include tax increases and changes to social security, changes to medicare, cuts in defense spending potentially as well. we're talking $3 to $4 trillion in changes over years. now it's going to be modest and that may include changes to the tax code. but they're going to have to come back in 2013 no matter what and talk about changes in med sare and social security and address the debt ceiling as well. host: these are two comments and they reflect the frustration in the country. how is the bickering back and forth solving anything fplgt all government spending should be on the table for spending reform. and the other viewer says obama and the other i had yots until the white house are doing what they do best, talk. guest: right after the election we heard them say the election is behind us, we can put down our swords and get down to doing the country's business. that evaporated wi
Search Results 57 to 64 of about 65

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